NADA Members and Other Auto Dealers and Dealer Groups NADART 401K PLAN REPLACEMENTDave Stepek's background includes thirty plus years at the manufacturer executive level in dealer development and business management with domestic and import manufacturers. He has participated in the approval of more than 1,000 buy/sell agreements and dealer appointments, and two dozen appearances as an expert witness in auto dealer litigation. Dave's insights into the auto dealer business and his qualifications as a registered investment advisor uniquely suit him to assist auto dealers, auto auction owners and other automobile industry entrepreneurs with succession, exit, and transition issues, retirement planning, and qualified retirement plans, such as 401(k) plans.Are you aware of the recent announcement of NADART’s retirement plan transition? It seems EMPOWER (Great West Life) will take on the task of retirement plan administrator. In light of this, it may be prudent to take a more proactive approach and investigate the change and alternatives available to you. Your years of loyalty to NADART are no doubt strong and perhaps this transition causes some confusion, or leaves you with a feeling of being cut loose. You need to take care of your employees and review your responsibilities as a 401k plan sponsor now that your plan will no longer be tied to the National Auto Dealer Association, as it has been for decades. .We offer a no cost / no obligation benchmark comparison of your plan expenses to our guides. You may want to benchmark how your retirement plans compare to our industry-wide database, both in terms of what you want in the way of services, and what those features should actually cost versus what you may be paying. The fiduciary requirements for plan sponsors require the competitive input available for your retirement plans. You may be more comfortable receiving that information from someone who understands your business.David Stepek and Cambridge Financial Partners, LLC are not affiliated with or endorsed by any of the agencies listed or any governmental agency.Click Here to Contact Us!